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H2787 • 2025

An Act relative to certain option B and option C retirees

An Act relative to certain option B and option C retirees

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Tackey Chan
Last action
2025-10-06
Official status
Referred to House Committee on Ways and Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to certain option B and option C retirees

An Act relative to certain option B and option C retirees By Representative Chan of Quincy, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to certain option B and option C retirees By Representative Chan of Quincy, a petition (accompanied by bill, House, No.
  • 2787) of Tackey Chan relative to certain option B and option C retirees.
  • Public Service.
  • Status: Referred to House Committee on Ways and Means

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-10-06 House

    Accompanied by H2871

  2. 2025-10-06 House

    Bill reported favorably by committee and referred to the committee on House Ways and Means

  3. 2025-06-20 Joint

    Hearing scheduled for 06/25/2025 from 01:00 PM-05:00 PM in A-1

  4. 2025-02-27 House

    Referred to the committee on Public Service

  5. 2025-02-27 Senate

    Senate concurred

Official Summary Text

An Act relative to certain option B and option C retirees
By Representative Chan of Quincy, a petition (accompanied by bill, House, No. 2787) of Tackey Chan relative to certain option B and option C retirees. Public Service.
Status:
Referred to House Committee on Ways and Means

Current Bill Text

Read the full stored bill text
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Bill H.2787

SECTION 1. Notwithstanding the provisions of any general or special law to the contrary, a member, who retired before July 1, 2004 and is receiving a lesser retirement allowance in accordance with the terms of Option (c) of subdivision (2) of section 12 of chapter 32 of the General Laws, from a retirement system that accepts the provisions of this act, shall have their monthly retirement allowance, exclusive of any cost of living adjustments, increased as follows: $200 if receiving a lesser retirement allowance from the state employees retirement system; $290 if receiving a lesser retirement allowance from the state teachers’ retirement system; and if receiving a lesser retirement allowance from any other retirement system established under the provisions of chapter 32 and 34B, by an amount determined by the system’s retirement board to be fair and equitable but no greater than $200.

SECTION 2. Notwithstanding the provisions of any general or special law to the contrary, a member, who retired before July 1, 2004 and is receiving a lesser retirement allowance in accordance with the terms of Option (b) of subdivision (2) of section 12 of chapter 32 of the General Laws, from a retirement system that accepts the provisions of this act, shall have their monthly retirement allowance, exclusive of any cost of living adjustments, increased as follows: $66 if receiving a retirement allowance from the state employees retirement system; $97 if receiving a retirement allowance from the state teachers’ retirement system; and if receiving a retirement allowance from any other retirement system established under the provisions of chapter 32 and 34B, by an amount determined by the system’s retirement board to be fair and equitable but no greater than $200.

SECTION 3. Any retirement system may accept the provisions of sections 1 and 2 of this act by a majority vote of the board of each such system, subject to the approval of the legislative body. For the purposes of this act, “legislative body” shall mean, in the case of a city, the city council in accordance with its charter, in the case of a town, the town meeting, in the case of a county, the county retirement board advisory council, in the case of a region, the regional retirement board advisory council, in the case of a district, the district members, and, in the case of an authority, the governing body.

For purposes of this act, the state employees and state teachers’ retirement systems shall be deemed to have accepted the provisions of this act.

SECTION 4.

The provisions of this act shall be prospective from the effective date of this act and shall not entitle any member or spouse of a deceased member to any retroactive benefits.

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